Federal Reserve Chair Jerome Powell says the central bank needs to gain confidence that inflation is coming down before it can start cutting rates. “There’s a lot of uncertainty about that ...

Inflation growth held steady in May at 1.7 per cent year over year, but economists are split on whether it provides enough evidence for the Bank of Canada to cut rates at its next policy meeting in ...

Canada’s annual inflation rate remained flat at 1.7 per cent in May, according to the latest data from Statistics Canada released Tuesday. Economists say Bank of Canada (BoC) policymakers will likely ...

Canada's annual inflation rate in May was unchanged from the previous month at 1.7% as a drop in gasoline costs continued to keep the overall index stable while prices of shelter, food and ...

The Bank of Canada will get a look at national inflation figures this week — a picture that's been particularly murky as of late. Read more.

Canada’s inflation rate came in at 1.7 per cent in May, the same as the month before, as a smaller increase in rent and a decline in travel tours weighed on the consumer price index (CPI), Statistics ...

May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince ...

Canada’s inflation rate stays at 1.7% in May: Statistics Canada Rent, mortgage, food and vehicle prices were up, while transportation, energy and cell service prices were down, according to the May ...

Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...

Bank of Montreal, however, is calling for inflation to slow further to 1.5 per cent. BMO expects cooling in shelter inflation from easing rent and mortgage costs helped bring price pressures down.

OTTAWA — Statistics Canada is set to publish inflation data for May this morning. A poll of economists provided by LSEG Data & Analytics expects the annual pace of inflation held steady at 1 ...